By Marisa Wong
Morgantown, W.Va., Sept. 26 – GS Finance Corp. priced $2.06 million of 0% Performance Leveraged Upside Securities due Jan. 3, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index finishes above its initial level, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 15.6%.
If the index falls, investors will be exposed to the index’s decline.
Goldman Sachs & Co. is the agent. Morgan Stanley Wealth Management is acting as dealer.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying index: | Russell 2000
|
| Amount: | $2,058,190
|
| Maturity: | Jan. 3, 2019
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | If index finishes above initial level, par plus 300% of index return, capped at 15.6%; exposure to any index decline
|
| Initial index level: | 1,431.712
|
| Pricing date: | Sept. 15
|
| Settlement date: | Sept. 20
|
| Agent: | Goldman Sachs & Co.
|
| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 2.35%
|
| Cusip: | 36253M646
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
